Manager - IFRS Financial Reporting

The successful candidate will be part of the IFRS 17 reporting and reconciliation team.

1. Contribute to the IFRS 17 reporting and reconciliation team: -

   
    

   • Support the monthly closing process for insurance entities in Singapore
   • Develop and configure reports for financial statement disclosure purposes in accordance with applicable accounting standards
   • Ensure consistent application and alignment of IFRS 17 reporting standards, methodologies, and governance frameworks across the GE Group
   • Partner with the Aptitude support team to manage system change requests, including impact assessment, testing, and implementation activities.
   • Perform and support the reconciliation of IFRS17 reporting system outputs, ledger postings and related IFRS17 accounts reconciliation
   • Perform analysis of business results and outputs from the IFRS 17 reporting system to ensure reasonableness of numbers
   • Drive process improvement initiatives to enhance efficiency, strengthen controls, and accelerate month-end closing timelines.
   • Assist in other ad-hoc assignments as and when required
      
2. Take accountability in considering business and regulatory compliance risks and takes appropriate steps to mitigate the risks.
    
3. Maintain awareness of industry trends on regulatory compliance, emerging threats and technologies in order to understand the risk and better safeguard the company.
    
4. Highlight any potential concerns /risks and proactively shares best risk management practices.

• Degree or Diploma in Accountancy or equivalent professional qualifications.
• 4 to 6 years of relevant working experience, with experience in audit firms. Good knowledge of Singapore Financial Reporting Standards (International) and experience in the insurance industry would be an advantage.
• Strong willingness to learn
• Able to work independently and under pressure to meet project timelines.
• Highly motivated and committed
• Strong analytical and numerical skills, meticulous and detailed
• Strong team player with good communication skills
• Proficient in Microsoft Office
• High level of integrity, takes accountability of work and good attitude over teamwork.
• Takes initiative to improve current state of things and adaptable to embrace new changes.

• Champion and embody our Core Values in everyday tasks and interactions.
• Demonstrate high level of integrity and accountability.
• Take initiative to drive improvements and embrace change.
• Take accountability of business and regulatory compliance risks, implementing measures to mitigate them effectively.
• Keep abreast with industry trends, regulatory compliance, and emerging threats and technologies to understand and highlight potential concerns/ risks to safeguard our company proactively.

Founded in 1908, Great Eastern is a well-established market leader and trusted brand in Singapore and Malaysia. With over S$100 billion in assets and more than 16 million policyholders, including 12.5 million from government schemes, it provides insurance solutions to customers through three successful distribution channels – a tied agency force, bancassurance, and financial advisory firm Great Eastern Financial Advisers. The Group also operates in Indonesia and Brunei. The Great Eastern Life Assurance Company Limited and Great Eastern General Insurance Limited have been assigned the financial strength and counterparty credit ratings of "AA-" by S&P Global Ratings since 2010, one of the highest among Asian life insurance companies. Great Eastern's asset management subsidiary, Lion Global Investors Limited, is one of the leading asset management companies in Southeast Asia. Great Eastern is a subsidiary of OCBC, the longest established Singapore bank, formed in 1932. It is the second largest financial services group in Southeast Asia by assets and one of the world’s most highly-rated banks, with an Aa1 rating from Moody’s and AA- by both Fitch and S&P. Recognised for its financial strength and stability, OCBC is consistently ranked among the World’s Top 50 Safest Banks by Global Finance and has been named Best Managed Bank in Singapore by The Asian Banker.